PQ loses $500,000 with election

2014 leaders debate
La Presse

The Parti Quebecois not only lost 24 seats in the last election, it also lost half a million dollars a year in party funding.

Under a system introduced by the Marois government, political parties get a cut of public funds based on their election results.

The chief electoral officer has $9,078,784 to distribute every year for the next four years (that's $1.51 multiplied by the number of registered voters) and political parties get a share of the pot based on their percentage of the popular vote.

For the Liberals, who saw their percentage jump from 31 per cent in 2012 to 41 per cent in 2014, their election win translates into an extra $1 million in public funding every year.

The Parti Quebecois, on the other hand, will have to deal with a $544,589 drop in funds.

The CAQ also saw a dip in their popular vote, and will be cut by about $300,000 a year. Quebec Solidaire gains $150,000 in new financing.

Real money

In real terms, the voter shift means the Liberals will benefit from a total $3.7 million in taxpayer funding a year, while the PQ will be granted $2.3 million.

The system to publicly fund parties was part of a reform brought in by Bernard Drainville, and was meant to compensate for much tighter restrictions on individual donations.

People can now donate no more than $100 dollars each. The limit is designed to make it close to impossible for companies to illegally fund political parties by disguising them as individual donations from their employees.

The Parti Quebecois came out a winner following this change — the party brought in just under $200,000 more in individual donations than the Liberals last year.

However, the Liberals' new boost in public funding still leaves that party far ahead overall.

Leave a comment:

showing all comments · Subscribe to comments
  1. Mike d posted on 04/15/2014 04:59 PM
    PQ need not worry. Chump change for PKP for his new Country.
showing all comments

News Videos

Latest News